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New York Mortgage Trust Inc NYMT

Alternate Symbol(s):  NYMTZ

New York Mortgage Trust, Inc. is a real estate investment trust (REIT). The Company is engaged in the business of acquiring, investing in, financing, and managing primarily mortgage-related single-family and multi-family residential assets. Its objective is to deliver long-term stable distributions to its stockholder. The Company’s investment portfolio includes credit sensitive single-family and multi-family assets, as well as more traditional types of fixed-income investments that provide coupon income, such as Agency residential mortgage-backed securities (RMBS). The Company’s investments include residential loans, including business purpose loans; structured multi-family property investments such as preferred equity in, and mezzanine loans to, owners of multi-family properties; agency RMBS; non-agency RMBS; commercial mortgage-backed security (CMBS), and other mortgage, residential housing and credit-related assets and strategic investments in companies.


NDAQ:NYMT - Post by User

Comment by Rickathomeon Mar 24, 2020 10:10am
195 Views
Post# 30841271

RE:Big Fat Dividend

RE:Big Fat DividendI doubt if the dividened is safe right now, or if any dividened out there is, but this is a very interesting bottom feeding purchase. 
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